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Hudson Downtown Business Improvement District Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 823849965 ✦ Hudson, MA ✦ Designated as a 501(c)(3)

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Overview

What is Hudson Downtown Business Improvement District Inc?

Hudson Downtown Business Improvement District Inc is a nonprofit organization situated in Hudson, Massachusetts. Its primary mission is to enhance and revitalize the downtown district, making it an appealing and economically prosperous destination for residents, business owners, and visitors. To achieve this goal, they initiate, manage, and finance supplemental services, such as physical improvements, seasonal arts and culture events, and marketing campaigns. By doing so, they aim to establish a sustainable, vibrant, and welcoming environment in the downtown area, thereby promoting economic growth. The organization operates with a staff of one individual.


Official website here: www.discoverhudson.org

Is Hudson Downtown Business Improvement District Inc legitimate?

Hudson Downtown Business Improvement District Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hudson Downtown Business Improvement District Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $35,160

For more financial information, click here


Official website here: www.discoverhudson.org

What is the mission statement of Hudson Downtown Business Improvement District Inc?

The Hudson Downtown Business Improvement District Inc's mission is centered around initiating, managing, and financing supplemental services within a downtown area, benefiting locals, workers, and visitors alike. The primary objective is to create a sustainable, vibrant, welcoming, and economically healthy destination. This is achieved through cultural placemaking, which involves physical improvements, seasonal arts and culture events, and comprehensive marketing strategies. The goal is to enhance the overall atmosphere of the district, making it an attractive and prosperous destination.


Official website here: www.discoverhudson.org

Who is the CEO of Hudson Downtown Business Improvement District Inc?

Charles H Randall is the President of Hudson Downtown Business Improvement District Inc.


Official website here: www.discoverhudson.org

What is the revenue of Hudson Downtown Business Improvement District Inc?

Hudson Downtown Business Improvement District Inc's revenue in 2021 was $176,657.


Official website here: www.discoverhudson.org

Who are the executives of Hudson Downtown Business Improvement District Inc and what are their salaries?

The average compensation at Hudson Downtown Business Improvement District Inc during 2021 was $35,160. There is 1 employee and 15 volunteers at Hudson Downtown Business Improvement District Inc.


Here are 14 key members and their salaries:


Arthur P Redding (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Charles H Randall (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mae Zagami (Clerk)
  • Compensation: $0
  • Related: $0
  • Other: $0
Karim El Gamal (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael D Murphy (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bartholomew H Murphy (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Thomas Desmond (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
William Ross (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Quinn (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Donna Driscoll (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kristina Johnson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Kasseris (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
William Carnes (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Branch Yules (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.discoverhudson.org

Where can I find the form 990 for Hudson Downtown Business Improvement District Inc?

Hudson Downtown Business Improvement District Inc's most recent form 990 was submitted in 2021 and can be accessed here.


Official website here: www.discoverhudson.org

Learn more at the official website: www.discoverhudson.org

Mission Statement of Hudson Downtown Business Improvement District Inc

Hudson Downtown Business Improvement District Inc, in its mission, strives to initiate, manage, and finance supplemental services within the downtown district of a specific town. The primary objective is to benefit everyone who resides, works, or visits this area. By undertaking this role, the organization aims to create a sustainable, vibrant, welcoming, and economically healthy destination for residents, business owners, and visitors. This is achieved through cultural placemaking, which involves adding physical improvements, organizing seasonal arts and culture events, and implementing overall marketing strategies. These efforts contribute to enhancing the downtown area, making it an attractive and enjoyable place for all.

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Impact




October, 2024

Hudson Downtown Business Improvement District Inc significantly enhances the quality of life in the downtown district of Hudson, Massachusetts. By initiating, managing, and financing supplemental services, it fosters a vibrant and welcoming environment for residents, business owners, and visitors alike.

The organization's focus on cultural placemaking has led to physical improvements throughout the area, creating attractive public spaces that encourage community engagement. Seasonal arts and culture events add to the district's appeal, drawing in diverse crowds and stimulating local economies. This blend of beautification and cultural enrichment not only enhances the visual landscape but also strengthens community ties and promotes social interaction.

Through comprehensive marketing efforts, the district has transformed into a sustainable and economically healthy destination, benefiting all who live, work, or visit the area. The commitment to continuous improvement and collaboration among local stakeholders ensures that downtown Hudson remains a dynamic and thriving community hub.




This information is meant to be a general summary of Hudson Downtown Business Improvement District Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$176,657 (2021)
Expenses
$155,574 (2021)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2021.

  • Investment Income: $599
  • Program Service Revenue: $132,452
  • Gross Receipts: $176,657

Assets and Liabilities:

  • Total Assets: $162,290
  • Total Liabilities: $8,476
  • Net Assets: $153,814

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

MEMBER ASSESSMENT FEES

Revenue

$129,817

50/50 RAFFLE

Revenue

$2,635

Organization Details

Founding Year

2018

Principal Officer

Charles H Randall

Main Address

4B SOUTH STREET, HUDSON, MA, 017492205

NTEE Category

Code: S31 - Community improvement

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